NPR

How to stay protected from student loan scammers on the prowl

Amid President Joe Biden's announcement that his administration will be forgiving up to $20,000 in federal student loans, scammers may be looking to take advantage of borrowers.

The Biden administration announced last Wednesday that it would be forgiving up to $20,000 in undergraduate student loans.

Some borrowers have already seen their accounts updated, but others will have to apply for the benefit in October.

That amount may not clear the accounts for all, though, and scammers may be on the prowl promising to help eliminate

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